US Online Apparel Footwear and Accessories Market to Grow at a CAGR of 16.17% During 2016-2020
The availability of a wide variety of merchandise, price comparison features, and extended applications to check with friends about a new purchase, alongside consumer engagement initiatives on social media platforms, have favored the demand for online retailing in the US. Apparel, footwear, and accessories have also gained online traction, as they are relatively small-ticket items and have low perceived risk related to product delivery and returns. Online retailers gain due to the prevailing internet penetration rate and consumers' comfort while...
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